Word: steeping
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Dates: during 1970-1979
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...life aspiring to the executive suite, wind up commanding a billion-dollar corporation and dazzle Wall Street with his managerial wizardry. But if for some reason he should lose his job, he often finds that the stairway leading down from the room at the top can be nearly as steep as the one going...
Shrewd as he is on most business dealings, even Carlsberg can come out second best in some real estate matters. Convinced that the $18,000 annual property-tax bill on his palatial marble-columned home in Bel Air was too steep, he recently paid a visit to the tax assessor to complain. After looking into the matter, the assessor agreed that there was an error; he raised Carlsberg's bill...
Kenscoff, about 1 3 miles away. The terraced farms clinging to steep mountainsides, the brilliant foliage and even the boys along the road who toss flowers into passing cars (in the hope that motorists will stop and buy more) all contribute to a scene of rare beauty. At Kenscoff, the bright colors of the wares in the huge, open, hillside market, as well as an occasional cockfight, provide other sights rarely seen by Americans. The marketplace is sometimes enlivened by a "ra-ra," a spontaneous celebration that frequently occurs in the spring when people don colorful costumes and engage...
...pace of the business takeoff clearly quickened. Industrial production jumped by about one point a month, and real G.N.P.-not counting price increases -expanded at an annual rate of close to 8½%. Thus the economy starts in 1973 not only from a high base but also at a steep angle of rise. Last September the consensus of TIME's Board of Economists was that the G.N.P. in 1973 would expand by about $110 billion. In the months since, the Board's prediction has been echoed by other analysts until it has become the standard forecast. When TIME...
...CHAMONIX, FRANCE. In the shadow of Mont Blanc, Chamonix is one of the largest resorts; some 40,000 skiers pass through each year. The range of accommodations is also vast (110 hotels and three times as many restaurants). The steep, challenging slopes are almost always jammed, and skiers must often wait, not only to get up to the top but also to begin their descents. One week: a bargain...